AL:NYE-Air Lease Corporation (USD)

COMMON STOCK | Rental & Leasing Services | NYE

Last Closing Price

USD 29.96

Change

+1.97 (+7.04)%

Market Cap

USD 3.40B

Volume

1.87M

Average Target Price

USD 39.80 (+32.84%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-15 )

Largest Industry Peers for Rental & Leasing Services

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
URI United Rentals, Inc

+3.65 (+2.32%)

USD11.59B 10.30 5.44
AL-PA Air Lease Corporation

+0.85 (+4.47%)

USD3.21B 2.72 N/A
AAN Aaron's, Inc

+2.07 (+4.83%)

USD3.03B 53.67 1.90
AYR Aircastle Limited

N/A

USD2.40B 15.49 9.42
R Ryder System, Inc

+2.37 (+5.89%)

USD2.29B 15.51 4.69
TRTN-PA Triton International Limited

+0.07 (+0.29%)

USD2.19B 3.91 N/A
GATX GATX Corporation

+3.32 (+5.43%)

USD2.14B 9.82 10.84
TRTN Triton International Limited

+1.60 (+5.33%)

USD2.11B 6.97 7.28
FTAI Fortress Transportation and In..

+0.17 (+1.25%)

USD1.16B 7.61 5.69
HRI Herc Holdings Inc

+1.40 (+4.26%)

USD0.96B 16.97 4.54

ETFs Containing AL

Symbol Name Weight Mer Price(Change) Market Cap
FSF:CA CI First Asset Global Fin.. 5.59 % 0.85 %

N/A

USD0.32B
FXR First Trust Industrials/P.. 1.68 % 0.63 %

+1.07 (+2.82%)

USD0.18B
FHG:CA FT AlphaDEX U.S. Industri.. 1.61 % 0.70 %

N/A

USD5.91M
JIGB JPMorgan Corporate Bond R.. 0.00 % 0.14 %

+0.20 (+0.35%)

USD0.04B
UXI ProShares Ultra Industria.. 0.00 % 0.95 %

+2.87 (+4.59%)

USD0.02B

Market Performance

  Market Performance vs.
Industry/Classification (Rental & Leasing Services)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -36.95% 21% F 17% F
Dividend Return 0.63% 25% F 28% F
Total Return -36.32% 21% F 16% F
Trailing 12 Months  
Capital Gain -28.84% 29% F 24% F
Dividend Return 1.38% 22% F 33% F
Total Return -27.46% 29% F 23% F
Trailing 5 Years  
Capital Gain -13.03% 64% D 41% F
Dividend Return 5.54% 57% F 20% F
Total Return -7.49% 64% D 32% F
Average Annual (5 Year Horizon)  
Capital Gain 7.00% 54% F 67% D+
Dividend Return 1.01% 33% F 21% F
Total Return 8.00% 46% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 24.64% 69% D+ 29% F
Risk Adjusted Return 32.48% 38% F 39% F
Market Capitalization 3.40B 94% A 73% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Rental & Leasing Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 5.48 67% D+ 88% B+
Price/Book Ratio 0.55 57% F 87% B+
Price / Cash Flow Ratio 2.45 33% F 68% D+
EV/EBITDA 8.93 36% F 60% D-
Management Effectiveness  
Return on Equity 10.75% 61% D- 66% D
Return on Invested Capital 5.75% 53% F 49% F
Return on Assets 3.54% 53% F 66% D
Debt to Equity Ratio 241.46% 79% C+ 12% F
Technical Ratios  
Short Ratio 5.22 29% F 12% F
Short Percent 6.77% 38% F 46% F
Beta 2.03 22% F 11% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.